ChainThink reports that, starting July 1, revised listing regulations in South Korea will take effect, raising the retention threshold for the KOSDAQ market.
According to the Chosun Ilbo, some DAT (Digital Asset Treasury) listed companies that invest in crypto assets face delisting risks due to declining crypto asset prices and capital outflows from KOSDAQ.
Among them, Bitmax's market capitalization is 13.1 billion KRW, having fallen below the minimum threshold of 20 billion KRW for the second half of the year;
The market capitalization of Parataxis Ethereum is 26.8 billion KRW, and that of Bit Planet is 33.1 billion KRW; although they have temporarily met the threshold, both are below the increased standard of 30 billion KRW effective next January.
Reports indicate that Bitcoin's price decline from last year's high of $120,000 to the latter half of $50,000 this month has led to significant paper valuation losses for related DAT companies.
The new rules also explicitly restrict companies from avoiding delisting through methods such as capital reduction or share consolidation. If market capitalization continues to decline, the relevant companies may initiate delisting procedures as early as early next year.